Bitcoin price has broken through $73,000, reigniting the upward momentum, but traders are generally skeptical, warning of a potential bull trap. Analysts point out that high selling pressure and derivatives positions are the risks, and suggest that if the price rises to the $72,000 to $76,000 range, it could attract sellers. Earlier this year, Bitcoin's price sharply declined from around $98,000 to $60,000, intensifying this cautious sentiment. However, the widespread bearish consensus increases the likelihood of a short squeeze, and broader geopolitical uncertainties also add to the complexity of the market outlook.